W5 sometimes doesn’t move beyond the W3. That’s how double tops are created. Also W4 doesn’t break into W1 territory. Unless it’s a diagonal W5 or a triple zig zag. If you are suggesting the whole chart is a leading diagonal, because W4 is violating both bigger W1 and its own small W1, that doesn’t align with the fundamental of ASN.
ASN is in funding phase. That means the next break out will see sign of strength (SOS) and small correction (last point of support LPS) and this will continue. Where as W5 ending diagonal shows the end of a bull run and comes will lower volume.
Anyway, good debate. I like it when traders with positive and constructive attitude profit from the market.
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Last
7.4¢ |
Change
-0.001(1.33%) |
Mkt cap ! $100.2M |
Open | High | Low | Value | Volume |
7.6¢ | 7.6¢ | 7.4¢ | $152.1K | 2.044M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 222565 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 176934 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 184610 | 0.074 |
9 | 873452 | 0.073 |
11 | 768589 | 0.072 |
5 | 1310591 | 0.071 |
18 | 813233 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 176934 | 1 |
0.076 | 325000 | 2 |
0.077 | 149999 | 2 |
0.078 | 373962 | 1 |
0.079 | 583307 | 5 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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ASN (ASX) Chart |